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energy would be a name in terms of the sector play. energy independent north america, there are good rings there. we are looking at the united states of our national gas reserves. the follow-up will be significant. manufacturing is improving. there are areas where the united states is very competitive. the united states is a big economy. it does not trade a lot compared to hong kong or south korea. it is more inward focused. >> we are a consuming economy. act about the outlook for treasuries this year. take a listen. >> interest rates are creeping up. we are looking at a 10 year government bonds being around 3.4%. there will be a melt up in rates. you are looking in that environment. a lot of investors aren't used to this market. we think we are in the waning days. as interest rates are eroding those rates of return, you are zero. >> lets the were treasuries ended today. in the last hour, you have seen yields up higher. overall, it was a tight range for the market. they are not taking up very big additions. was a little rush into the t
energy would be a name in terms of the sector play. energy independent north america, there are good rings there. we are looking at the united states of our national gas reserves. the follow-up will be significant. manufacturing is improving. there are areas where the united states is very competitive. the united states is a big economy. it does not trade a lot compared to hong kong or south korea. it is more inward focused. >> we are a consuming economy. act about the outlook for...
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. >> we thought rush does have lost but energy resources are extraordinarily rich to use that wealth to reestablish military might. >> the biggest geopolitical threat you said russia. not al qaeda in 1980 soared out they are asking for their foreign policy back because the cold war has been over 20 years. neil: that is the '80s back on the phone because forget whether the president wants to use words like that he might want to do the same. >> if you like your health care plan you can keep it. period. neil: that is the thing is that all comes back to make people think twice. they always regret to their words when it comes to russia at least you are not what we said. >> i remember hillary clinton talked about sniper fire. >> are these recording instruments? >> this rob the faint of a bite to call the '80s and gatt ronald reagan back. but it shows mitt romney but have made a good president who was the biggest -- the best candidate but shown compared to the weak leadership obama me but have been better off. the republican field is so wide open and that the theme is that you just showed b
. >> we thought rush does have lost but energy resources are extraordinarily rich to use that wealth to reestablish military might. >> the biggest geopolitical threat you said russia. not al qaeda in 1980 soared out they are asking for their foreign policy back because the cold war has been over 20 years. neil: that is the '80s back on the phone because forget whether the president wants to use words like that he might want to do the same. >> if you like your health care plan...
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russia is one of the biggest energy producers especially for the rest of europe. and it's home for big tech names the stocks of yandex and kiwi are soaring. fear is off right now. risk is back on. but the situation is very fluid. and the beggar concern on wall street could very well be not russia but the jobs report for february. that's due out on friday, neil. >> and that's going to be one that's going to be closely monitored, lauren, thank you very much. >>> to washington. forget about the debt the president officially unveiling his budget calling for billions more in spending and it comes after one top democrat said we really can forget about cutting anything. >> there is absolutely no way we're going to cut spending. we're not going to cut education. you know, and we're not going to repeal the affordable care act. let that be known. it's not happening. >> all right. so, cutting spending is not happening. watching where all this is going down, michael? >> the budget blueprint has taken a lot of heat because it's seen as not making the tough choices about the ma
russia is one of the biggest energy producers especially for the rest of europe. and it's home for big tech names the stocks of yandex and kiwi are soaring. fear is off right now. risk is back on. but the situation is very fluid. and the beggar concern on wall street could very well be not russia but the jobs report for february. that's due out on friday, neil. >> and that's going to be one that's going to be closely monitored, lauren, thank you very much. >>> to washington....
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he has no cap she has those -- he has those levers, particularly energy. this has been about for the russian economy. the currency has fallen. the stock market is down. there was a reaction to this that may affect putin's economy. but i mention one other thing? here is this beautiful and large country called ukraine. suppose ukraine finally after failing in 2004 get it right -- democracy, gets rid of corruption, the economy is improving, and it is there of the border for russia. i think it makes him nervous if there were a success in ukraine in bringing about a free and open society and economic success, which is not the case in russia. >> what you do if the sanctions fail? what do you do it the pressure fails and he continues with his own ambitious ideas of expanding russia within his own borders and spears of influence? >> go back to georgia in nato. if you tried something like that say with one area that has a significant russian popularity -- population, he would be attacking nato. that would be an entirely different set of circumstances. i have no ill
he has no cap she has those -- he has those levers, particularly energy. this has been about for the russian economy. the currency has fallen. the stock market is down. there was a reaction to this that may affect putin's economy. but i mention one other thing? here is this beautiful and large country called ukraine. suppose ukraine finally after failing in 2004 get it right -- democracy, gets rid of corruption, the economy is improving, and it is there of the border for russia. i think it...
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that's a very big inducement for energy going to the midterm election. lou: we watched the president stand before the american people for less than three minutes for the crimea. he looked like a scalded cat. >> right. [laughter] he also acknowledged he talked with putin several days ago. we know our intelligence services are tilling the president precisely what is happening. and he and his spokesman whether it be susan rice, john kerry, whether it be john carr any. imagine that. the press secretary hold acting as if it is hypothetical. some kind of future tense. it's nonsense. it's been going on. he's had full knowledge after nine days of silence. that he would keep the american people and the press corps. informed. just as had had for the past nine days. what the heck could he look for impotent. >> i don't think he has many options, lou map is he supposed to do now? the russian forces are on the waa and some in the area. we don't have 150,000 troops on the border. he does. lou: thank god we don't. [laughter] michael, help us out. the president seems to
that's a very big inducement for energy going to the midterm election. lou: we watched the president stand before the american people for less than three minutes for the crimea. he looked like a scalded cat. >> right. [laughter] he also acknowledged he talked with putin several days ago. we know our intelligence services are tilling the president precisely what is happening. and he and his spokesman whether it be susan rice, john kerry, whether it be john carr any. imagine that. the press...
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s official green buildings may actually use more energy than buildings that have not achieved energy efficient status. a study by the group environmental policy alliance claims privately owned structures that were lead certified consumed more energy per square foot than those not deemed green by the u.s. green building council. it says some of the criteria used in lead determination does little to nothing to make buildings more energy efficient. the green building council disputes the claims and the environmental policy alliance reports calling their conclusions, a quote, uninterpretiable hodgepodge tha demonstrates a fundamental lack of understanding about the nature of the design, construction process. >>> a minnesota high school student has frostbite after school officials made her stand outside in a wet bathing suit in 25 below zero windchill conditions. a local tv station reports the ninth grader was swimming in the pool when a science project in another part of the building set off the alarm. well, the rest of the class was already dressed. she could grab only a towel before be
s official green buildings may actually use more energy than buildings that have not achieved energy efficient status. a study by the group environmental policy alliance claims privately owned structures that were lead certified consumed more energy per square foot than those not deemed green by the u.s. green building council. it says some of the criteria used in lead determination does little to nothing to make buildings more energy efficient. the green building council disputes the claims...
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finding the new energy sources is critical. that's right touch of meats more authentic eco energy is finding ways to help local and international energy suppliers and infrastructure companies go green the algae is extracted because not only reduces climbed outside and smoke stacks. it also doesn't compete with cops for farmland. algae as a biofuel could produce thirty times more oil per acre than other crops such as corn and sugarcane. it will also be non toxic juice milk salt provide context and that i don't agree quickly the dpp group and the ppt fee of up to the twentieth anniversary of the eu single market we're also looking at the future of the single market and how it can cause acute europe's economic revival by creating more jobs and strong regret. perhaps the most promising prospects is the digital single block in the sector. abbas potential to win hearts our lives and our prosperity early this year the european commission tabled a proposal to reform what's known as collective rights management many artists and performe
finding the new energy sources is critical. that's right touch of meats more authentic eco energy is finding ways to help local and international energy suppliers and infrastructure companies go green the algae is extracted because not only reduces climbed outside and smoke stacks. it also doesn't compete with cops for farmland. algae as a biofuel could produce thirty times more oil per acre than other crops such as corn and sugarcane. it will also be non toxic juice milk salt provide context...
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. , someone whoead observes him closely said, it might be energy. energy will be the big area. is for the most part a stable and secure industry. there are dominant players and you can have a monopoly hold on a certain sector of this group. is that similar to what you have heard? areay could be an active for him? >> certainly, he hinted their big energy unit, they did the deal and the battle last year. he said it would not be their last major acquisition. i take him at his word. this industry has room for consolidation. there are utilities out there. i do not know if it will happen this year or when, -- >> let's be clear. i think what you're referring to and powertribution generation, both of which enjoy great labor returns in capital. let's say he could deploy capital at 12% with flow that could cost them nothing over time. it is extraordinary. then there are huge amounts of capital. as to the actual producers of energy, exxon and the rest, i think he struggles with what he thein this as his test, hundred year test. he talked about the new acquisitions still around 100 years.
. , someone whoead observes him closely said, it might be energy. energy will be the big area. is for the most part a stable and secure industry. there are dominant players and you can have a monopoly hold on a certain sector of this group. is that similar to what you have heard? areay could be an active for him? >> certainly, he hinted their big energy unit, they did the deal and the battle last year. he said it would not be their last major acquisition. i take him at his word. this...
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energy in a position where putin doesn't have access to the energy reserves and to the reknew that's he's had in the past. so whether this president does it or the next president does it, somebody has to do it. and i keep going back, shannon, you know, we survived jimmy carter, we're going to survive barack obama, but it will be incumbent on the next president to stop president obama. otherwise, neither will stop president putin. >> always good to see you. thanks so much. >> thank you, shannon. >>> the top democrat in the senate says the obamacare horror stories are live. that has some experiencing them first hand pretty fired up. >> i'm completely outraged. it's absolutely ridiculous. >> we're going debate the issue fair and balanced, of course, next. >>> another snowstorm spreading across the country gearing up to hit the east coast tonight. whether you want them or not, you need to know. [ female announcer ] a classic macaroni & cheese from stouffer's starts with freshly-made pasta, and 100% real cheddar cheese. but what makes stouffer's mac n' cheese best of all. that moment you
energy in a position where putin doesn't have access to the energy reserves and to the reknew that's he's had in the past. so whether this president does it or the next president does it, somebody has to do it. and i keep going back, shannon, you know, we survived jimmy carter, we're going to survive barack obama, but it will be incumbent on the next president to stop president obama. otherwise, neither will stop president putin. >> always good to see you. thanks so much. >> thank...
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>> have you ever worked on a farm. >> ben gotschle joins us bold nebraska's energy director. ben, good to have you with us. i'd like you, if you could for our audience, describe the kind of representation you've had when you have shown your concerns about the keystone xl pipeline. >> well, it's run the range from inconsistent to downright combative. early on in the fight when it looked like the pipeline was a done deal and the president would approve it, we had senator johanns on our side standing up for the sandhills and the aquifer, and even our o opposition to the pipeline. but then once it looked like we were gaining momentum, it was just kind of a pile-on for the other side. the efforts were led by lee terry in a lot of case, proposing amendments and bills to rubber stamp approval of the pipeline. so it's been kind of a roller coaster ride for us with our leaders in washington. >> and why do you think the governor and senator johanns were against it before they were for it? >> i think that they were against it because they thought that it was going to be approved, and th
>> have you ever worked on a farm. >> ben gotschle joins us bold nebraska's energy director. ben, good to have you with us. i'd like you, if you could for our audience, describe the kind of representation you've had when you have shown your concerns about the keystone xl pipeline. >> well, it's run the range from inconsistent to downright combative. early on in the fight when it looked like the pipeline was a done deal and the president would approve it, we had senator johanns...
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there will be, you know, maybe within five, six years you begin to get some energy, but to turn that into money might be seven to ten years' window. but what's important about phase one if you have major oil players from the u.s. and russia and europe and china engaged in the sector, in the eastern mediterranean alongside israel and cyprus which relates to then turkey and the e.u. and all of that, it might create for lebanon an investment in its stability and its long-term viability because of the importance of energy. similar to what, how the gulf sort of gets its stability and security. the gulf countries are, you know, strange tribes, but they survived because they have important resources. other parking lots of the world -- parts of the world sometimes have that as well. that's very important for lebanon's geostrategic environment. if the east and west agree that this must be a peace offul zone because there are important resources here, now actually moving forward on what's the economic value of this, the first thing is to figure out how to get it to market. the market is effect
there will be, you know, maybe within five, six years you begin to get some energy, but to turn that into money might be seven to ten years' window. but what's important about phase one if you have major oil players from the u.s. and russia and europe and china engaged in the sector, in the eastern mediterranean alongside israel and cyprus which relates to then turkey and the e.u. and all of that, it might create for lebanon an investment in its stability and its long-term viability because of...
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i hope we do not go to the same process in looking at energy as we have in syria. i will close with this. my time is up. i think our foreign-policy credibility is close to shot at this time. events that have happened over this last year i think have weakened us substantially. i know you are implementers, and i am not jerking this and you. all -- and i am not directly this at you. supportow is i think we the diplomatic activities that are taking place there. any of us are concerned about the interim deal being the final deal or having a series of rolling interim deals. has beenay that russia our partner in all of these things, and i think us rushing to some agreement that again is not one that is substantial enough will shoot all credibility that we have relative to foreign-policy issues. i would just urge you -- i would urge the state department, those that are negotiating to please pause. let's make sure that what we do there is something of long-term significance that batters, and let's -- that matters, and let's appear not to be rushing into a deal just to make
i hope we do not go to the same process in looking at energy as we have in syria. i will close with this. my time is up. i think our foreign-policy credibility is close to shot at this time. events that have happened over this last year i think have weakened us substantially. i know you are implementers, and i am not jerking this and you. all -- and i am not directly this at you. supportow is i think we the diplomatic activities that are taking place there. any of us are concerned about the...
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the supply this energy crisis such as we have the obama is wise and more such light is futuristic. next likely to be precise. international live here in moscow it's our breaking news this hour russia's upper house of parliament has voted unanimously to approve the deployment of armed forces in ukraine until the situation there stabilizes president putin had asked the senators to support the move because of the extraordinary situation in ukraine which represents a threat to the lives of russian citizens our compatriots in the contingent of russian armed forces located in the autonomous republic of crimea according to an international treaty as stated in the constitution of the russian federation i asked the upper house of parliament for permission to use armed forces new crane until the situation there is stabilized. well to set him a goodish has been following reaction to those events in crimea joins me live now from central moscow decisions be made very quickly that's a very moscow absolutely it does seem so however it doesn't mean that we are bound to see russian troops on the gr
the supply this energy crisis such as we have the obama is wise and more such light is futuristic. next likely to be precise. international live here in moscow it's our breaking news this hour russia's upper house of parliament has voted unanimously to approve the deployment of armed forces in ukraine until the situation there stabilizes president putin had asked the senators to support the move because of the extraordinary situation in ukraine which represents a threat to the lives of russian...
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they can cut off the energy to ukraine. if putin does not want to use leverage to support secession is him, he can use financial levers over the medium-term to make ukraine the losers. >> what is the possibility of civil war? >> i think it is low in the near term. today, the most interesting news to me has come out of crimea where the russians have a base and naval infantry division. there were riots -- demonstrations that looked a little like riots. they were not violent. they forced the town council there to get rid of their mayor and except a russian citizen as their mayor. they also flew some russian flags. that shows their disposition. the crimean people, the majority of them have no interest in being a part of ukraine. if the russians want to stir up trouble, that's where they can do it. in the near-term, i don't think the russians will push that. russia makes a lot of money out of transiting energy through ukraine and if they cannot do that, that undermines the russians. i think putin might accept the tactical loss b
they can cut off the energy to ukraine. if putin does not want to use leverage to support secession is him, he can use financial levers over the medium-term to make ukraine the losers. >> what is the possibility of civil war? >> i think it is low in the near term. today, the most interesting news to me has come out of crimea where the russians have a base and naval infantry division. there were riots -- demonstrations that looked a little like riots. they were not violent. they...
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>> it certainly does, and europeans, not just for their energy sourcers, but where the energy is coming from, so europe finds itself in a much different situation than 2009. >> reporter: valerri, the eu announced emergency aid that replaces the aid that was supposed to come from russia. is that enough to get ukraine through the next several months? >> i'm sure that that's enough. and indeed, we should also include some specific packages from inside. i think that i think that what has been discussed by the community and the government in ukraine to ask ukraine and business to put some money, invest some money into the economy for stabilizing the situation, will increase trust of international creditors to the economy as well, and indeed, we need some type of budget costs, because budget was prepared by putin's government with a lot of spends, which are much more than the country can spend now, but definitely, this aid will be enough to get the loans to stabilize the economy. >> over the past several years, jacob, russia has not hesitated to squeeze ukraine economically when it has wanted
>> it certainly does, and europeans, not just for their energy sourcers, but where the energy is coming from, so europe finds itself in a much different situation than 2009. >> reporter: valerri, the eu announced emergency aid that replaces the aid that was supposed to come from russia. is that enough to get ukraine through the next several months? >> i'm sure that that's enough. and indeed, we should also include some specific packages from inside. i think that i think that...
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one of the long-term things not part of those eight ideas but one to examine, what energy production from the u.s. means freeing up sources in europe to remain in those countries so they are not as dependent on russia in the future as they have been in the past. i think that's an important part of it. the one thing that gives russia leverage on their neighbors is the amount of natural gas in the world they produce themselves and their neighbors. that's where the reluctance is coming from. >> some rely on them by 30% as far as oil and gas reserves. i want to tall attention. obama is neither tyrant nor pushover. in general the criticism of him being inconsistent and indecisive is closer to the mark. the accusation he's been feckless in ukraine still dubious because those demanding a stronger response have been unable to come up with one. is that correct in your mind or do you think people have come up with other options. >> there have been options. i'm pleased with the fact many options put forth they are taking. there's a time to be critical about the president's foreign policy. in a
one of the long-term things not part of those eight ideas but one to examine, what energy production from the u.s. means freeing up sources in europe to remain in those countries so they are not as dependent on russia in the future as they have been in the past. i think that's an important part of it. the one thing that gives russia leverage on their neighbors is the amount of natural gas in the world they produce themselves and their neighbors. that's where the reluctance is coming from....
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>> i think it's a difficult position because they need this energy that russia gives them because there's no other way to give them. >> god forbid we would want to piss off the environmentalists. >> i'm not needed here. that was my point. a good point. so, okay, amazingly, bob turned this into a question of what is happening today to what did reagan accomplish? that was five minutes spent rehashing that. i'll also say one thing about reagan. he believed america was exceptional. that is what helped the world. he was a guiding force, the leader. you're looking to him. i don't think people around the world are looking to president obama to lead them out of this. that is not what he said he wanted to do, even. plus, gorbachev and putin, very different people. gor chauv, open minded, intelligent guy. putin, intelligent guy and a crazy maniac. those are two different things. here's one thing, if you look at america and say what could we do? why do we have interest there? there is one thing we could do. a senator in wyoming introduced a bill in 2013 that still to this day has not had even a hear
>> i think it's a difficult position because they need this energy that russia gives them because there's no other way to give them. >> god forbid we would want to piss off the environmentalists. >> i'm not needed here. that was my point. a good point. so, okay, amazingly, bob turned this into a question of what is happening today to what did reagan accomplish? that was five minutes spent rehashing that. i'll also say one thing about reagan. he believed america was...
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energy exports will create good jobs here in america and reduce our nation's trade deficit. american natural gas, our oil and our coal exports will also reap important foreign policy benefits such as helping nations in europe like ukraine free themselves from russian manipulation. that's what it is, mr. president, russian manipulation. last month the magazines "the economist" published an article with the met line," the petro boom of america." ed sait it would be nice if barack obama helped a bit. the article explained the united states may have surpassed russia as the largest oil and natural gas producer. the economist went on to discuss the benefits of liquefied natural gas exports from the united states. it said that natural gas exports -- quote -- "could generate tankerloads of cash, tankerloads of cash for america." however, the economist also pointed out that the process for obtaining the permits, the permits needed to export that american natural gas, they say, is -- quote -- "insanely slow." now, this isn't an exaggeration mr. president. over the past three and a hal
energy exports will create good jobs here in america and reduce our nation's trade deficit. american natural gas, our oil and our coal exports will also reap important foreign policy benefits such as helping nations in europe like ukraine free themselves from russian manipulation. that's what it is, mr. president, russian manipulation. last month the magazines "the economist" published an article with the met line," the petro boom of america." ed sait it would be nice if...
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they said we could keep our fleet there and in return, we will give you 30% of your energy prices. that's business. the russians will not let the black sea fleet go. >> do you think we'll see negotiation first, act later? >> i don't think any of us really know the answer to that. the only thing we have to go with is two things, first of all, the russian behavior in georgia, limited, they took the ground that was important to them and didn't care what the west said. we've seen the west response to certain things like syria. though russia has had it's way in all the negotiations. the russia know obama is a man who wants dialogue and compromise. if your opponent is wanting compromise and you don't, you have the upper hand. >> thank you. >> that's all from us here in london for the moment. it's back to doha. >> hundreds of thousands of israeli ultra orthodox jews are taking to the streets in western jerusalem protesting a law being debated by the government to draft the ultra orthodox into the army. let's take a closer look at that community. there are up to 700,000 in israel and that
they said we could keep our fleet there and in return, we will give you 30% of your energy prices. that's business. the russians will not let the black sea fleet go. >> do you think we'll see negotiation first, act later? >> i don't think any of us really know the answer to that. the only thing we have to go with is two things, first of all, the russian behavior in georgia, limited, they took the ground that was important to them and didn't care what the west said. we've seen the...
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that benefits certain exemptions under eu energy laws that can be looked at. then the russians are trying to build this second gas pipeline through the black sea into the balcans and that has not happened and we can look if it should happen and should have the exemptions the russians are kind of pushing for in eu law. there are things we can do to put the heat on russia economically at least. >> reporter: okay, andrew willis some thank you for joining us from london with your thoughts on the crisis ongoing in ukraine. rwanda troops are using the 1994 genicide experience in their home country as a tool to fight sectarian violence and part of the african union force trying to restore order there and tan yeah page was on patrol in the forces of bongui. >> they want to use words of weapons as persuasion to end the violence in the central republic and means taking to the street, armed with memories of an experience no one wants repeated. many of them were personally effected by the slaughter of about 800,000 and moderate hootu and that was nearly 20 years ago and t
that benefits certain exemptions under eu energy laws that can be looked at. then the russians are trying to build this second gas pipeline through the black sea into the balcans and that has not happened and we can look if it should happen and should have the exemptions the russians are kind of pushing for in eu law. there are things we can do to put the heat on russia economically at least. >> reporter: okay, andrew willis some thank you for joining us from london with your thoughts on...
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energy was the only s&p sector that was positive. it is now red as well. we will bring you more on the commodity impact from the ukraine crisis later on in the show. in the meantime, i would like to show you what's happening with gold. investors are packing some of their loot with the safe haven, gold up just over 2%, sitting around four month highs. in fact, gold gained 7% in february, the biggest monthly rise since july. it is up about 12% year to date. other place investors are parking their money, with good old uncle sam. the ten year note is currently at 2.6%. it is around the lowest in a month. those are the stats we need to know. back over to you. >> thank you very much. >>> things are moving very quickly in this situation. with reports given to us minute by minute. just within the past hour, the european union announced that it was going to hold an emergency meeting. let's get right to cnbc's steve sedgwick, who is live in kiev, ukraine. steve? >> reporter: brian -- things are moving very quickly and diplomatically around the world as well. [ inaud
energy was the only s&p sector that was positive. it is now red as well. we will bring you more on the commodity impact from the ukraine crisis later on in the show. in the meantime, i would like to show you what's happening with gold. investors are packing some of their loot with the safe haven, gold up just over 2%, sitting around four month highs. in fact, gold gained 7% in february, the biggest monthly rise since july. it is up about 12% year to date. other place investors are parking...
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Mar 2, 2014
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putin looked at his country 25 years ago and said we're on our knees because of oil and energy. he said we're going to use our natural gas exports to get europe dependent on us and use that as political leverage. we're going to export our oil and have money to rebuild our empire and he's done exactly that. >> you have seen and written and spoken a lot of diplomatic language when it comes to crises around the world with your experience with the defense department. when we hear leader after leader, president obama and just a little while ago defense secretary chuck hagel saying and i put this in quotes, deeply concerned. is that code for something? >> last week you had a u.s. secretary of defense say we're cutting the defense budget and not going to do the missions we've historically done. at the same time the russian defense minister said we are negotiating new naval bases around the world and fixing our cold war bases. >> what's interesting about your idea that you talked about the economics, what president reagan would do. it didn't focus on what is happening inside ukraine. th
putin looked at his country 25 years ago and said we're on our knees because of oil and energy. he said we're going to use our natural gas exports to get europe dependent on us and use that as political leverage. we're going to export our oil and have money to rebuild our empire and he's done exactly that. >> you have seen and written and spoken a lot of diplomatic language when it comes to crises around the world with your experience with the defense department. when we hear leader after...
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Mar 6, 2014
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the cost of energy. the lower it is, the more likely the manufacturing company will have the jobs here in america. if you increase the price by 54% or more, which is what many people here are now proposing, you reduce the sni the for a sna manufacturer. every dollar invested in domestic manufacturing creates $8 in finished products. manufacturing is at the heart of who we are as a country. this is something that right now is a discussion we should have in this country. the relationship between low-cost energy and the new manufacturing jobs that we want to see. so we can generate that exik value here in -- economic value here in america. but if we send our natural gas overseas, that same kind of manufacturing future can be constructed in china. let's have that debate here. last month u.s. chemical industry topped $100 billion in new investment as a result of low-cost u.s. natural gas. according to the american chemistry council, those 148 new factories expanded projects could generate $81 billion per year
the cost of energy. the lower it is, the more likely the manufacturing company will have the jobs here in america. if you increase the price by 54% or more, which is what many people here are now proposing, you reduce the sni the for a sna manufacturer. every dollar invested in domestic manufacturing creates $8 in finished products. manufacturing is at the heart of who we are as a country. this is something that right now is a discussion we should have in this country. the relationship between...
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Mar 5, 2014
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i think that together, we could resolve -- actually solve the region's water and energy problems. israel has half the rainfall that we had 65 years ago. we have 10 times the population. our gdp has shot up, thank god. we have half the rainfall, 10 times the population, and our water use goes up. which country in the world is not have water problems? israel. [applause] why? technology and innovation. we could make that available to our arab neighbors throughout the region. waterld solve the problems, we can solve the energy problems, we could improve agriculture, we can withve education, health diagnostics on the internet. all that is possible. we could better the lives of hundreds of millions. we all have so much to gain from peace. that is why want to thank the indomitable john kerry. new york and tel aviv, those are the cities that never sleep. john kerry is definitely the city -- secretary of state that never sleeps. [applause] i have got the bags under my eyes to prove it. we are working together literally day and night to seek a door both these, -- a durable peace, and the mu
i think that together, we could resolve -- actually solve the region's water and energy problems. israel has half the rainfall that we had 65 years ago. we have 10 times the population. our gdp has shot up, thank god. we have half the rainfall, 10 times the population, and our water use goes up. which country in the world is not have water problems? israel. [applause] why? technology and innovation. we could make that available to our arab neighbors throughout the region. waterld solve the...
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Mar 2, 2014
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people say they lost their leverage on gas and energy. don't believe that's exactly true. they still have that. so, yes, that would be something that would be a little bit embarrassing to putin along the way. they ought to start that process now. they ought to be very aggressive about it. you have russian troops in the crimea. that's a serious problem. it's a serious problem for the stability of the ukraine and i argue other parts of europe. so we have to be aggressive now. and those are the kind after gresive things that can you do to doesn't vaf the u.s. navy. >> if the president fails to move aggressively as you would have him do, should congress move on its own to start to impose these sanctions? >> i think we should. i think we're obligated to do that and we ought to -- we should put packages together that ramp it up. if you recall, all of the sanctions that happened on iran happened in congress. the president acquiesced. i think congress is going to have to play a very important role in this if we believe it's important to tone down the military options of civil war
people say they lost their leverage on gas and energy. don't believe that's exactly true. they still have that. so, yes, that would be something that would be a little bit embarrassing to putin along the way. they ought to start that process now. they ought to be very aggressive about it. you have russian troops in the crimea. that's a serious problem. it's a serious problem for the stability of the ukraine and i argue other parts of europe. so we have to be aggressive now. and those are the...
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Mar 4, 2014
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they have energy that they need to export. things can you do for example encouraging energy supplies drive down the price of oil that would hurt him long term. things can you do militarily without taking military action. drop the idea of cutting the defense budget. put missile defense shields which obama decided not to do. those missile defense shields in poland and czechoslovakia i can't aimed at iran but nevertheless close to russia. can you take actions like that i don't think it should stop not going to the g 8 with you. >> pivotal time. >> it is. sounds like what the administration is talking about is at most economic sanctions. that from everything i am reading and hearing will have very little impact on russia because they will continue to have a relationship with europe. europe, because of their economic problems, is in no position to cut off its trade. >> and allies, britain already saying we are a no go. >> and i imagine, it doesn't look like we are trying to sort of must ira lot of support. >>. no and we have just b
they have energy that they need to export. things can you do for example encouraging energy supplies drive down the price of oil that would hurt him long term. things can you do militarily without taking military action. drop the idea of cutting the defense budget. put missile defense shields which obama decided not to do. those missile defense shields in poland and czechoslovakia i can't aimed at iran but nevertheless close to russia. can you take actions like that i don't think it should stop...
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they not only have an energy problem and the pollution problem. they have a problem of fundamental shift in their society from an agrarian society to a society made up of cities of 20 or 30 or arty 5 million people. they are in a position where they have real problems. europe we want to see do well, but why are manufacturers coming from europe as well as china and the far east? gas is seven times cheaper here than it is there. we are going to be the epicenter of energy in north america throughout the first half of the 20th century. that's not a boast. it's a pure, natural fact. we have everything going for us. everything. we have the best education. our workers are three times as productive. that's not the kids they are bad. we are better. it's time we remind ourselves just how powerful we are politically, economically, and
they not only have an energy problem and the pollution problem. they have a problem of fundamental shift in their society from an agrarian society to a society made up of cities of 20 or 30 or arty 5 million people. they are in a position where they have real problems. europe we want to see do well, but why are manufacturers coming from europe as well as china and the far east? gas is seven times cheaper here than it is there. we are going to be the epicenter of energy in north america...
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they can develop alternative energy supplies, including fracking. including as the united states becomes an energy exporter, there are alternative sources there in the future and sources -- the inauguration of of the new pipeline project from the caspian sea which will be a new route for gas supplies into europe, not passing through russia, not from russia. this infrastructure will take time to develop but it is important to do so. the world is becoming increasingly unstable. this latest example to world peace is the classic case in my view. will the foreign secretary array with me -- agree with me that our country must rethink the funding of our armed forces to make sure we have the ships, the navy, the air force to me potential threats in the future. i am not hinting we should go to war on this case but it is a reminder we need to keep our defenses up. in an unstable world we do need to keep up our defenses, that is right. that is why this country is investing in some very sophisticated military projects for the future. as twotain the spending per
they can develop alternative energy supplies, including fracking. including as the united states becomes an energy exporter, there are alternative sources there in the future and sources -- the inauguration of of the new pipeline project from the caspian sea which will be a new route for gas supplies into europe, not passing through russia, not from russia. this infrastructure will take time to develop but it is important to do so. the world is becoming increasingly unstable. this latest...
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russia could decree benefit if there is any increase in energy prices which there already seems to. it's not as though their customers in europe can stop buying energy because they're unhappy with what is happening in ukraine. i'm not sure that it hurts russia all that much. >> earlier it was looking like anti-government protesters had the upper hand. we had yanukovych on the run. we had tymoshenko released from prison. but does this show us now that progress was not necessarily a win? >> absolutely. and i think that's the real missing story here that has not been adequately covered. what is the legally elected president of ukraine, mr. yanukovych, who is now taking refuge in russia and still claims to be the legal president, some how you could have a street demonstrators including some very violent armed people drive the president out of the capitol and say, okay, we win now, you lose. you have to accept this. the russians are saying, um, no, we don't. we have cards to play here, too. we don't recognize this government or so-called government in kiev which frankly doesn't even cont
russia could decree benefit if there is any increase in energy prices which there already seems to. it's not as though their customers in europe can stop buying energy because they're unhappy with what is happening in ukraine. i'm not sure that it hurts russia all that much. >> earlier it was looking like anti-government protesters had the upper hand. we had yanukovych on the run. we had tymoshenko released from prison. but does this show us now that progress was not necessarily a win?...
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Feb 26, 2014
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, nuclear energy plants. many countries in the world have nuclear energy. but only a handful actually process it themselves. most just decide to buy it already processed from abroad. we have agreements and we have arrangements with countries all over the planet that do that. only a handful actually retain the capacity to reprocess it or -- or -- or to enrich uranium or reprocess plutonium. when you see a country -- when you see a country announce that they are going to invest money, time and energy in developing a processing -- a reprocessing or an enrichment exaibilityd, that raises -- capability, that raises red flags and here's why. because while you only need a certain level of enrichment to be able to provide nuclear energy for peaceful purposes and a little bit of a higher level in order to be able to use it for medical isotopes, the exact same machines, the exact same facilities, the exact same scientists are the exact same runs that can also reprocess or enrich to an even higher level to use in a weap
, nuclear energy plants. many countries in the world have nuclear energy. but only a handful actually process it themselves. most just decide to buy it already processed from abroad. we have agreements and we have arrangements with countries all over the planet that do that. only a handful actually retain the capacity to reprocess it or -- or -- or to enrich uranium or reprocess plutonium. when you see a country -- when you see a country announce that they are going to invest money, time and...
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Mar 4, 2014
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there are many, many things, but particularly energy. but, you know, this has been bad for the russian economy. the value of their currency has fallen, the stock market is down. there is a negative reaction to this, too, that may effect putin's economy. and could i mention one other aspect of this is putin also sees -- here's this beautiful and large and magnificent country called ukraine. suppose ukraine, finally, after failing in 2004, gets it right, democracy, gets rid of corruption, economy is improving, and it's right there on the border of russia. so i think it makes him very nervous, if there were a success in ukraine in bringing about a free and open society and economic success, which is not the case in russia, as you know, which is propped up by energy. >> charlie: should we revisit the question of georgia and nato? >> yes. i really believe that we should sponsor the inclusion of georgia into nato. every few weeks the russians move the fence a little further into georgian territory with impunity. there was a peace agreement orc
there are many, many things, but particularly energy. but, you know, this has been bad for the russian economy. the value of their currency has fallen, the stock market is down. there is a negative reaction to this, too, that may effect putin's economy. and could i mention one other aspect of this is putin also sees -- here's this beautiful and large and magnificent country called ukraine. suppose ukraine, finally, after failing in 2004, gets it right, democracy, gets rid of corruption, economy...
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Mar 6, 2014
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they still get 25% of their energy from russia. he is sitting there thinking that he probably holds the better hand here. >> do you believe he will do better hand? >> frankly, based on what i am hearing other western europe, and the reluctance of the europeans to embrace tough sanctions, i think right now he does. >> is the europeans are not willing to go forward with sanctions, are we in a bad place? >> i think we are. >> you've also suggested that some of your fellow republicans should tone down their rhetoric. >> this is a serious crisis that the west is facing. i spent most of my life in the government at a time when immediate crises, people came together and they were supportive of the president. there was the old line that politics stopped at the water's edge. i think people right now, while the president is trying to get the allies on board facing off with vladimir putin, having people call him weak or criticizing him is not helpful. we need to help achieve the objectives that the united states needs to achieve in this situa
they still get 25% of their energy from russia. he is sitting there thinking that he probably holds the better hand here. >> do you believe he will do better hand? >> frankly, based on what i am hearing other western europe, and the reluctance of the europeans to embrace tough sanctions, i think right now he does. >> is the europeans are not willing to go forward with sanctions, are we in a bad place? >> i think we are. >> you've also suggested that some of your...
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as you know i'm more of a clean energy guy but taking that away from russia, their monopoly in energy, is good. but republicans are missing an opportunity to look more bipartisan. >> congressman engel, i think what bothers republicans is how much the president and the administration seems to have empowered putin over the past few years. just to give you a couple of examples. russia controls the northern distribution network which is one of the main access points in afghanistan that our troops rely on to get supplies and food and water. putin controls that. putin is controlling our syria chemical weapons collection deal, which is a farce. putin is undermining our negotiations in iran. have we given him too much power? why has president obama seemingly trusted him on so many fronts? >> we don't trust him. we don't trust him at all. there's commonality between us and russia. we both are opposed to islamic terrorism. we both want to make sure that iran doesn't have a nuclear weapon. so we work with the russians when we need to. but i don't think it empowered putin. i think putin is a very
as you know i'm more of a clean energy guy but taking that away from russia, their monopoly in energy, is good. but republicans are missing an opportunity to look more bipartisan. >> congressman engel, i think what bothers republicans is how much the president and the administration seems to have empowered putin over the past few years. just to give you a couple of examples. russia controls the northern distribution network which is one of the main access points in afghanistan that our...
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if he cuts off the energy supply, where does russia get money? not a strong country economically. >> i want to go in what lindsey graham said over the weekend and get a sense for you -- from you if it will evolve into politics. >> every time the president goes into -- onto national television utin,hreatens vladimir progra everyone's eyes roll. has a point onam syria. what would senator graham do? does he want to put american troops there? i think not. therefore i think the rhetoric is easy. what you can do is harder. it almost all evolves around the nomadic and economic actions. >> where do you think we stand here? is this for show? does he have any leverage? what will we say five years from now? >> limited leverage. the complication is that is a pro-european government such as it is. a terribly inept government that is great chaos there. to find outt have is how far vladimir putin will go. ea orhe stop with crime play out across ukraine? a terrible situation. destabilizing. i do not think this is a big win for vladimir putin. lex we love the ana
if he cuts off the energy supply, where does russia get money? not a strong country economically. >> i want to go in what lindsey graham said over the weekend and get a sense for you -- from you if it will evolve into politics. >> every time the president goes into -- onto national television utin,hreatens vladimir progra everyone's eyes roll. has a point onam syria. what would senator graham do? does he want to put american troops there? i think not. therefore i think the rhetoric...
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the guy is astonishingly impressive. >> he's got a lot of energy indeed. jane, thanks very much. >>> up next, markets around the world in a big sell-off yesterday on the crisis in ukraine. we're going to the new york stock exchange. what a difference a day makes. why? predibut, manufacturings a prettin the united states do. means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to get the job done. to nbcuniversal's coveragens of the biggest loser olympic winter games ever, with the most coverage of the most events on every device. and the most hours of streaming video on the nbc sports live extra app, including the x1 platform from xfinity. comcast was honored to bring every minute of every medal of nbcuniversal's coverage to every screen. so what's next? rio 2016. welcome to what's next. comcast nbcuniversal. >>> president obama says his pr
the guy is astonishingly impressive. >> he's got a lot of energy indeed. jane, thanks very much. >>> up next, markets around the world in a big sell-off yesterday on the crisis in ukraine. we're going to the new york stock exchange. what a difference a day makes. why? predibut, manufacturings a prettin the united states do. means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly...
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remember, russia is a major exporter of energy, particularly to europe. and ukraine is a major exporter of corn and wheat. when i speak with business people all the time, they say the same thing. that the worry with regard to russia is the letter of the law and more specifically the lack of the letter of the law. that has stopped many people from investing in russia. foreign direct investments have taken a hit as a result. today on the program, i spoke with bill browder who at one point was the single largest investor in russia until he started demanding things like dividends from the companies he invested in and insurance that they would not engage in corruption. listen to what he had to say. >> i was expelled from the country. my offices were raided. the police seized documents, ended up stealing our companies and stealing $230 million of taxes that we paid, not from us but from the russian government. had a young lawyer who investigated, he testified, they then threw him in jail, tortured him and killed him, so i'm well familiar with putin, with the ta
remember, russia is a major exporter of energy, particularly to europe. and ukraine is a major exporter of corn and wheat. when i speak with business people all the time, they say the same thing. that the worry with regard to russia is the letter of the law and more specifically the lack of the letter of the law. that has stopped many people from investing in russia. foreign direct investments have taken a hit as a result. today on the program, i spoke with bill browder who at one point was the...
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that will be tough to achieve geffen that european union's rely an on russia for much of its energy, more than 30% of t e.u.'s oil and gas, and under 30% of their coal is imported from russia. >> overtime, this will be a costly proposition for russia. now is the time for them to consider whether they can serve their efforts in a way that resorts to diplomacy. as oosed to force. lou: president meeting with his national security council on ukraine. our first guest said that only relevant question, is how much of the ukraine will putin take for now. joining us, fox news straggic analyst, lieutenant world knoll -- world kno ralph meters, are they beyond i your equipment crimea. >> let me put nonsense about negotiation, and sanctions and how obama is going to punish putin in perspective, putin now owns ukraine, he will never give it back, he now owns it in a matter of time it will join russian fedding a,ration -- federation, the question is how much more will he gobble and when? i am really concerned, i think that he sees it in for a penny in for a pound issue h has crimea why not just do
that will be tough to achieve geffen that european union's rely an on russia for much of its energy, more than 30% of t e.u.'s oil and gas, and under 30% of their coal is imported from russia. >> overtime, this will be a costly proposition for russia. now is the time for them to consider whether they can serve their efforts in a way that resorts to diplomacy. as oosed to force. lou: president meeting with his national security council on ukraine. our first guest said that only relevant...
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people think it's only energy. and it shows up and lots of different ways for example you've seen the chinese announced that they're going to build a canal in nicaragua which is parallel to the panama canal because basically they feel very uneasy depending on a u.s. controlled panama canal they'd rather have their own and that's very much about creating pathways for the raw materials food and energy that come from latin america back to the u.s. sorry from america back to china also closer alliance between for example china and mexico right china is investing heavily in mexico's energy infrastructure the leadership of mexico of announced opening up to foreign direct investment and they're going to build five new refineries approximately one and a half inches off the u.s. border which means all that crude from the gulf which traditionally is very difficult to manage can be refined and of a made available to china so that's part of it for russia the power of of owning large amounts of wheat in this world economy is im
people think it's only energy. and it shows up and lots of different ways for example you've seen the chinese announced that they're going to build a canal in nicaragua which is parallel to the panama canal because basically they feel very uneasy depending on a u.s. controlled panama canal they'd rather have their own and that's very much about creating pathways for the raw materials food and energy that come from latin america back to the u.s. sorry from america back to china also closer...
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most of the energy russia by itself is the largest supplier of energy beyond just gas to europe. the gas discussion is the elephant in the room pretty much, but we have to remember it's far more than that. there is crude exports from russia to europe. so the magnitude of the relationship is enormous and they can't be without each other. >> does that make russia just as reluctant to shut the taps as europe is reluctant to say we don't want-- >> he they're reluctant to lose the $100 million from revenue that comes just from gas exper exports. >> valeri, how is the russian economy been performing lately? i know there has been a lot of talk of how ukraine is in economic trouble. it's not like the russian economy is setting the world on fire, is it? >> indeed, the ruling of president viktor yanukovych put ukraine economy in a tough time. we have really shortage of money in our state budget. we have many small businesses have disappeared because of corruption and state pressure. but in general ukrainian economy is healthy, and it could resurrect with wester money with western loans. i
most of the energy russia by itself is the largest supplier of energy beyond just gas to europe. the gas discussion is the elephant in the room pretty much, but we have to remember it's far more than that. there is crude exports from russia to europe. so the magnitude of the relationship is enormous and they can't be without each other. >> does that make russia just as reluctant to shut the taps as europe is reluctant to say we don't want-- >> he they're reluctant to lose the $100...
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ukraine would get a major alternative source of energy. putin basically killed the whole idea of energy independence for ukraine. not many people talk about this. there are american companies that have interest in the shale gas. a big political gamble. ukraine, there is long-term destabilization. >> what does the west have to do to stop this. >> there are lots of things at stake for the west. there are big challenges. now is really happening that ukraine is 10 times bigger than georgia. here, he willtop go further. website an american that publishes something based on u.s. diplomats from 2008. the preciseting time of the crimea operation. i hate to predict it this way. but my next prediction is that go intots oil, he will the baltic states, even if they are members of nato. this guy wants to restore the soviet union. it is a distraction of post-cold war in europe. in one of the main beneficiaries of this work. major challenges for long-term stability. there are lots of things that need to be done and cannot be done to stop it. people are f
ukraine would get a major alternative source of energy. putin basically killed the whole idea of energy independence for ukraine. not many people talk about this. there are american companies that have interest in the shale gas. a big political gamble. ukraine, there is long-term destabilization. >> what does the west have to do to stop this. >> there are lots of things at stake for the west. there are big challenges. now is really happening that ukraine is 10 times bigger than...
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as an exporter of energy. i think the longer this spat over here goes on, the more we are going to hear about that u.s. issue here. of course, i just might add that europe has been trying to get off of its dependency on russian gas for quite awhile now, so this issue is height ended. >> if the conflict stays contained in crimea, does everything go away as far as investors are concerned? >> no. no. not at all. this is a geo-political issue. the crimea is an integral part of the ukraine. the prime minister said he is not going to give up the crimea without a fight. >> means the tension is unlikely to lessen any time soon. so, while the heart of the spat, this argument, this tension, if you like, might be confined to the crimean region, the repercussions elsewhere -- we have talked about a few of those just now -- are massive. so, the market is unlikely to turn a blind eye. bear in mind this is the 5th bigtest exporter in the world. we have talked about the gas supply t whether it is confined there or not, the ge
as an exporter of energy. i think the longer this spat over here goes on, the more we are going to hear about that u.s. issue here. of course, i just might add that europe has been trying to get off of its dependency on russian gas for quite awhile now, so this issue is height ended. >> if the conflict stays contained in crimea, does everything go away as far as investors are concerned? >> no. no. not at all. this is a geo-political issue. the crimea is an integral part of the...
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nuclear energy is a secure energy source that plays a vital role in a responsible, all-of-the-above energy policy. mr. davis: it is the biggest provider of reliable, efficient, clean energy and it provides on-demand energy 24/7. the recent record cold temperatures in the midwest show the importance of energy diversification. many of my constituents saw steep increases in their electric bill. while pipes froze and transportation became difficult because of iced roads and bridges, nuclear power remained consistent. i worry that things could have become worse if nuclear power wasn't able to fill the gaps where needed. this is why i stand here today in support of nuclear energy and all of my constituents and the hardworking taxpayers of clinton and central illinois. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. under the speaker's announced policy of january 3, 2013, the gentleman from california, mr. garamendi, is recognized for 60 minutes as the designee of the minority leader. mr. garamendi: mr. speaker, thank you very much for this opportunity to
nuclear energy is a secure energy source that plays a vital role in a responsible, all-of-the-above energy policy. mr. davis: it is the biggest provider of reliable, efficient, clean energy and it provides on-demand energy 24/7. the recent record cold temperatures in the midwest show the importance of energy diversification. many of my constituents saw steep increases in their electric bill. while pipes froze and transportation became difficult because of iced roads and bridges, nuclear power...
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Mar 4, 2014
03/14
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ALJAZAM
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terms terms of energy prices in europe. >> europe depends on the infrastructure, tried to diversify a way away from russian energy, through the cast pecaspea sea. >> because the domestic supplies from these critical producers are dhoining, that really -- declining that really the pipeline supplies at a will be available for europe will be -- that will be available will be largely from russian gas. >> european leaders understand that, that's why they are calling for dialogue with, not sanctions against, russia. ali velshi, al jazeera. >> warren hogue, and from providence, rhode island, thomas nichols, professor of national security affairs. gentlemen, welcome. >> thank you. >> warren, let me start with you if i might. angela merkel suggested that the russian president is out of touch with reality tonight. is that just rhetoric or they have just lost control? >> i think what she said was he was from a different planet. i think exactly he is from a different planet. the russians view this differently. in the context of this there is nothing the west can do by way of punishment, economi
terms terms of energy prices in europe. >> europe depends on the infrastructure, tried to diversify a way away from russian energy, through the cast pecaspea sea. >> because the domestic supplies from these critical producers are dhoining, that really -- declining that really the pipeline supplies at a will be available for europe will be -- that will be available will be largely from russian gas. >> european leaders understand that, that's why they are calling for dialogue...